White House officials say the reforms would raise about $320 billion in revenue over the next 10 years.

But in all likelihood these proposals won’t make it past the Republican-run Congress, who directly oppose any tax increase on the wealthy. (Video via C-SPAN)

The president is already talking about several ideas he’ll deliver at the State of the Union. That includes paid sick leave and cybersecurity measures. A White House official tells Time the previews will make the speech “more meaningful” for viewers.